Renewable energy production increases despite global economic crisis

Report Shows Continued Growth of Renewable Energy in 2010

The production of and funding for renewable energy has increased, despite the global economic crisis,

The "Renewables 21: Global Status Report" published by the UN environment programme, UNEP, shows that the sector continues to perform well despite incentive cuts and low natural-gas prices.

In 2010, renewable energy supplied an estimated 16% of global consumption.

Also, funding increased by $143 billion last year, with developing countries surpassing developed economies for the first time.

Related Story: http://www.un.org/apps/news/story.asp?NewsID=39024&Cr=renewable+energy&Cr1=

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